The company in its current form was
created in 1988, but its history spans over 120 years. ABB’s success has
been driven particularly by a strong focus on research and development.
The company maintains seven corporate research centers around the world
and has continued to invest in R&D through all market conditions.
Many of the technologies that
underlie our modern society, from high-voltage DC power transmission to a
revolutionary approach to ship propulsion, were developed or commercialized by
ABB. ABB stands as the largest supplier of industrial motors and drives,
the largest provider of generators to the wind industry, and the largest
supplier of power grids worldwide.
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